Entries from July 2009

July 31, 2009

Upcoming Community Meeting on Redwood City Housing

Just got this in, from Malcolm Smith, the Public Communications Manager for Redwood City.
Every day, news headlines confirm what we all know ~ housing matters!  In fact, the quality of life in our community is directly linked to how we address the challenge of providing homes to people who work and grow up here. If [...]

July 23, 2009

Recently Sold Homes in Mt. Carmel – 95% (average) of List Price

In the last 90 days, a little less than a dozen homes in Mt. Carmel have closed escrow. Looking at how the sale prices compared to original price, the average is that homes are getting 95% of their original asking price.  Of course, remember, this is an average.  The “range” of all those homes is [...]

July 8, 2009

The New HVCC Law – Does It Help, or Just Plain Suck?

So there’s this new law affecting the real estate and mortgage industry, called the HVCC – short for “Home Valuation Code of Conduct”, which went into effect last month, and is the byproduct of a legal settlement between NY attorney general Andrew Cuomo and Fannie Mae & Freddie Mac.
Here’s how it was “supposed” to help: [...]

July 2, 2009

Schedule of 4th o’ July Activities for Redwood City

(straight from the city’s Public Communications Manager Malcolm Smith)
This year’s 4th of July spectacular, brought to you by the Peninsula Celebration Association, will be another in the long tradition of offering the very best 4th of July event on the peninsula. All the details are at www.parade.org, the home page of the non-profit Peninsula Celebration Association. [...]